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Rio Rita Apartments

Rio Rita Apartments

https://www.josephbernard.net/rio-rita-apartments
Address:
2361 NW Pettygrove Street, Portland, Oregon 97210
Price:
$2,500,000
Units:
19
Price per unit:
$131,579
Cap Rate:
3.93%
Year Built:
1926

Highlights

  • Well maintained
  • Immediate rental upside
  • New parking lot with 18 off-street spaces
  • Ability to enact bill back system
  • Full-sized parking spaces
  • A+ location in NW Portland
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Rio Rita Apartments

Summary

The Rio Rita Apartments are located on Pettgrove Street, between 23rd Ave and 24th Ave NW in the Northwest Portland area. This property consists of studio and 1 bedroom units, on 3 stories, making up a total of 8,568 square feet of living space. There is an on-site parking lot just east of the building.

Highlights

  • Well maintained
  • Immediate rental upside
  • New parking lot with 18 off-street spaces
  • Ability to enact bill back system
  • Full-sized parking spaces
  • A+ location in NW Portland
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Rio Rita Apartments

Northwest Portland is one of Portland' s most desired neighborhoods. It is very close to downtown, so one can easily take public transportation, ride a bike, or even walk there. The location is also convenient to the nearest highways, making commuting a breeze. Northwest contains a mix of Victorian-era homes and apartment buildings, all with great charm and character. It also offers a large variety of shops, restaurants, bars and cafes along NW 21st and 23rd Avenues.

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Rio Rita Apartments

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Rio Rita Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Rio Rita Apartments

Phillip Barry
pbarry@josephbernard.net
Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax